# PPP loan: PERFORMANCE POWER SPORTS LLC
> **$407K** approved 04/04/2020 · Paid in Full · Loan `4929407004`
## Borrower
- **Name:** PERFORMANCE POWER SPORTS LLC
- **Address:** 1816 MARTIN LUTHER KING JR BLVD, HOUMA, LA, 70360-2410
- **NAICS:** 441228
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $407K
- **Initial approval:** $407K
- **Forgiven:** $410K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $330K
- **Rent:** $30K
- **Mortgage interest:** $27K
- **Utilities:** $20K
- **Jobs reported:** 35
## Lender
- **Originating:** South Louisiana Bank
- **Servicing:** South Louisiana Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*